SailPoint Technologies Holdings, Inc. designs, develops, and markets identity governance software solutions in North America, Europe, and the Asia Pacific.
The last earnings update was 3 days ago.
More info.

The calculations below outline how an intrinsic value for
SailPoint Technologies Holdings
is arrived at by discounting future cash flows to their present value using the 2 stage method.
We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Current Discount

Amount off the current price
SailPoint Technologies Holdings
is available for.

9%

Share price is
$29.62
vs Future cash flow value of
$32.39

Current Discount Checks

For
SailPoint Technologies Holdings
to be considered undervalued it must be available for at least 20% below the
current price. Less than 40% is even better.

SailPoint Technologies Holdings's share price is below the future cash flow value, but not at a moderate discount (< 20%).

SailPoint Technologies Holdings's share price is below the future cash flow value, but not at a substantial discount (< 40%).

PRICE RELATIVE TO MARKET

We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for
SailPoint Technologies Holdings's
earnings,
growth
and
assets
is considered below, and whether this is a fair price.

Price based on past earnings

Are
SailPoint Technologies Holdings's earnings available for a low price, and how does
this compare to other companies in the same industry?

High Growth Checks

SailPoint Technologies Holdings's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.

SailPoint Technologies Holdings's revenue is expected to grow by 16.5% yearly, however this is not considered high growth (20% yearly).

Past and Future Earnings per Share

The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.

Past performance checks

We assess
SailPoint Technologies Holdings's performance over the past 5 years by checking for:

Has earnings increased in past 5 years? (1 check)

Has the earnings growth in the last year exceeded that of the
Software
industry? (1 check)

Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)

Is the Return on Equity (ROE) higher than 20%? (1 check)

Is the Return on Assets (ROA) above industry average? (1 check)

Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)

The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
SailPoint Technologies Holdings
has a total score of
1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

SAIL Health

A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).

The boxes below represent the relative size of what makes up
SailPoint Technologies Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.

Net Worth

SailPoint Technologies Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

SailPoint Technologies Holdings's cash and other short term assets cover its long term commitments.

Balance sheet

This treemap shows a more detailed breakdown of
SailPoint Technologies Holdings's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
checks below.

Assets

Liabilities and shares

The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.

Low level of unsold assets.

SailPoint Technologies Holdings has no debt, it does not need to be covered by short term assets.

Historical Debt

Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to
see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and
whether the level has increased over the past 5 years.

SAIL Management

Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.

CEO

MarkMcClain

COMPENSATION

$4,874,024

AGE

56

TENURE AS CEO

13.3 years

CEO Bio

Mr. Mark McClain, TTEE has been the Chief Executive Officer of SailPoint Technologies Holdings, Inc. since December 2005. Mr. McClain co-founded SailPoint Technologies, Inc. in December 2005 and serves as its Chief Executive Officer. He co-founded SailPoint Technologies Holdings, Inc. in December 2005. Mr. McClain co-founded Waveset Technologies, Inc. in 2000 and served as its President. He is an Operating Advisor at Elsewhere Partners. After Waveset was acquired by Sun Microsystems in 2003, he served as Vice President of Software Marketing for Sun software. Mr. McClain has diverse experience in international sales and marketing with Hewlett-Packard, IBM and Tivoli Systems. He has almost 20 years of experience developing and leading innovative technology companies that have operated in the identity management market. He has industry expertise. He has been Chairman and Director of Austin Technology Council since February 2015 and October 2011, respectively. He has been a Director of SailPoint Technologies Holdings, Inc. since December 2005. He has been a Director of Vyopta Incorporated since November 17, 2016. He is an Entrepreneur-in-Residence of Austin Ventures. He is a co-trustee for each of the McClain Charitable Remainder Unitrust, McClain RHD 2015 Trust, McClain ADM 2015 Trust and McClain GMM 2015 Trust. At SailPoint, Mr. McClain received a series of awards for his excellence in leadership including Austin Business Journal's 2013 Best CEO in Austin and the 2015 EY Entrepreneur of the year. Mr. McClain holds a B.A. in Economics from Point Loma Nazarene University and an M.B.A. from the University of California, Los Angeles.

CEO Compensation

Mark's compensation has increased in line with SailPoint Technologies Holdings recently becoming profitable.

Mark's remuneration is about average for companies of similar size in United States of America.

Management Team Tenure

Average tenure and age of the
SailPoint Technologies Holdings
management team in years:

4.8

Average Tenure

56

Average Age

The tenure for the SailPoint Technologies Holdings management team is about average.

Management Team

Mark McClain

TITLE

Co-Founder

COMPENSATION

$5M

AGE

56

TENURE

13.3 yrs

Cam McMartin

TITLE

Chief Financial Officer

COMPENSATION

$2M

AGE

61

TENURE

8.2 yrs

Howard Greenfield

TITLE

Chief Revenue Officer

COMPENSATION

$2M

AGE

53

TENURE

1.4 yrs

Darran Rolls

TITLE

CTO & CISO

Kevin Hansel

TITLE

Chief Information Officer

Josh Harding

TITLE

Vice President of Financial Planning

Chris Schmitt

TITLE

General Counsel & Secretary

Andrew Kahl

TITLE

Chief Customer Officer

TENURE

0.2 yrs

Board of Directors Tenure

Average tenure and age of the
SailPoint Technologies Holdings
board of directors in years:

2.8

Average Tenure

54.5

Average Age

The average tenure for the SailPoint Technologies Holdings board of directors is less than 3 years, this suggests a new board.

SAIL News

Simply Wall St News

Is SailPoint Technologies Holdings, Inc. (NYSE:SAIL) As Strong As Its Balance Sheet Indicates?

Small-cap and large-cap companies receive a lot of attention from investors, but mid-cap stocks like SailPoint Technologies Holdings, Inc. … Today we will look at SAIL’s financial liquidity and debt levels, which are strong indicators for whether the company can weather economic downturns or fund strategic acquisitions for future growth. … See our latest analysis for SailPoint Technologies Holdings

How Much Of SailPoint Technologies Holdings, Inc. (NYSE:SAIL) Do Insiders Own?

A look at the shareholders of SailPoint Technologies Holdings, Inc. … Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … SailPoint Technologies Holdings isn't enormous, but it's not particularly small either.

All You Need To Know About SailPoint Technologies Holdings Inc's (NYSE:SAIL) Financial Health

Small and large cap stocks are widely popular for a variety of reasons, however, mid-cap companies such as SailPoint Technologies Holdings Inc (NYSE:SAIL), with a market cap of US$2.3b, often get neglected by retail investors. … Let’s take a look at SAIL’s debt concentration and assess their financial liquidity to get an idea of their ability to fund strategic acquisitions and grow through cyclical pressures. … See our latest analysis for SailPoint Technologies Holdings

SailPoint Technologies Holdings Inc (NYSE:SAIL) shareholders, and potential investors, need to understand how much cash the business makes from its core operational activities, as well as how much is invested back into the business. … I’ve analysed below, the health and outlook of SailPoint Technologies Holdings’s cash flow, which will help you understand the stock from a cash standpoint. … Free cash flow (FCF) is the amount of cash SailPoint Technologies Holdings has left after it pays off its expenses, including its net capital expenditures, which is what the company needs to spend each year to maintain or grow its business operations.

At this constant level of debt, the current cash and short-term investment levels stands at $18.2M for investing into the business. … On top of this, SAIL has produced $6.5M in operating cash flow in the last twelve months, resulting in an operating cash to total debt ratio of 6.09%, signalling that SAIL’s debt is not appropriately covered by operating cash. … At its current level of cash flow coverage, SAIL has room for improvement to better cushion for events which may require debt repayment.

SailPoint Technologies Holdings Inc (NYSE:SAIL): Does -14.5% EPS Drop In A Year Reflect The Long-Term Trend?

In this article, I will take a look at SailPoint Technologies Holdings Inc's (NYSE:SAIL) track record on a high level, to give you some insight into how the company has been performing against its historical trend and its industry peers. … View our latest analysis for SailPoint Technologies Holdings Commentary On SAIL's Past Performance I prefer to use data from the most recent 12 months, which either annualizes the most recent 6-month earnings update, or in some cases, the most recent annual report is already the latest available financial data. … For SailPoint Technologies Holdings, the most recent twelve-month earnings -$33.8M, which, relative to the prior year's level, has become more negative.

SAIL Company Info

Description

SailPoint Technologies Holdings, Inc. designs, develops, and markets identity governance software solutions in North America, Europe, and the Asia Pacific. The company offers on-premises software and cloud-based solutions, which empower organizations to govern the digital identities of employees, contractors, business partners, and other users, as well as manage their constantly changing access rights to enterprise applications and data across hybrid IT environments. Its solutions include IdentityIQ, an on-premises identity governance solution; IdentityNow, a cloud-based multi-tenant governance platform; IdentityIQ File Access Manager that secures access to data stored in file servers, collaboration portals, mailboxes, and cloud storage systems; and IdentityAI, a cloud-based identity analytics solution for organizations to detect potential threats before they turn into security breaches. The company sells its products and solutions to commercial enterprises, educational institutions, and governments directly, as well as through system integrators, technology partners, and value-added resellers. SailPoint Technologies Holdings, Inc. was founded in 2004 and is headquartered in Austin, Texas.

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